Auto Warranty Companies Fight For Your Business

extended auto warranty - The industry of auto warranty companies is really a fiercely competitive one. You will find a limited variety of cars on the highway - granted, there are many them, and each one of them, at one point or still, has or enjoyed a warranty - but with the large number of companies fighting for that business of those drivers, it means that every car owner is definitely the target of some very hungry sales reps.

This is definitely a daunting position to be in to get a car owner. Whether you are buying a new car from the dealership, or purchasing a used car, you will see people trying to sell you their warranty services.

Within the dealership, you may run into a pushy sales representative who can try everything they can to get you to sign on for the extended warranty once you create your initial purchase. You will find benefits to buying at that time, including having the costs from the warranty rolled up in to the financing for the car, and realizing that your dealership will continue being the area to get any repairs or replacements done. But these comforts might end up costing you hundreds or thousands of dollars in the long run. Sales agents make large commissions on warranties, so they're eager to get you to sign up for one. But the price that is rolled into the financing will likely be a lot higher than it would if you sought out your own quotes from third-party extended warranty providers. Granted, you will have to pay more up-front with those third-party companies, rather than adding a small number for your monthly car payment bills. But it could very well save a little money.

But just as not all car sales representative has gone out to rip you off, not every third-party providers are good guys, either. The terms and conditions of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. If a company won't let you review the warranty before you buy, don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road. Auto warranty companies will fight to achieve you as being a client, so use that in your favor. Compare prices, examine each of the terms of the warranties offered, and tell the businesses you speak with “hey, make me the most effective offer.” Someone else will if they can't.